Oscillating up-trend market +6 true S/R touches MACD divergence Phase: Pullback Market deceleration Bullish candlestick formation More than 1:1 win ratio (TP based on 50 EMA resistance). Since the 50 EMA is a Exponential MOVING average , you have to update your TP every day. Check my setup updates !
Comment
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The market condition over the past month has been choppy (it's not possible to judge a up-trending or down-trending market), but if you look at the big picture you notice that it's a pullback in a strong 2-year up-trending market. Since i am long trading here i benefit from this choppy condition.
Order cancelled
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I considered to cancle the order because of the undecision market condition.